Average orebody depth 30m (slide 8 of D&D slide deck)
Strip ratio is 1.5 (slide 9 of D&D slide deck)
C1 cost is US$5,763/t (slide 12 of D&D slide deck)
Cut-off grade 0.5% Ni (slide 22 of D&D slide pack)
Average grade 0.71% Ni (slide 22 of D&D slide pack)
584 Mt ore for 4 Mt contained nickel (slide 5 of D&D slide pack) at Goongarrie alone
“Starter project” Goongarrie Hub has 40+ year mine life (slide 18 of D&D slide pack)
It’s of no surprise that the SuMiMi consortium is attracted to ARL. It sounds like a good fit for their strategy (links provided in other ARL thread)
I wonder how the donkey that you’re riding backwards compares?
I imagine at least the strip ratio of your favoured investment will be low as it’s actually an abandoned mine…. someone else’s left overs…like a bin chook
DYOR - not investment advice
ARL chart, page-3489
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47.0¢ |
Change
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Mkt cap ! $93.85M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 47.5¢ | 45.0¢ | $18.88K | 41.21K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 45.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 2000 | 1 |
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